Sen. John McCain (R-AZ) and President Bush have long insisted that the country was not headed to a recession. Watch a short film highlighting their rosy predictions vs. reality:
It’s going to get bad, real bad, worse than we have seen in many, many years.
And it is all because of a bunch of lies Bushco spewed so that could invade Iraq.
That’s all it took, lies from Bush and Cheney, and the whole country is going to suffer greatly because of them, well, not the top 1%, they will just be able to have more slaves to do their bidding.
CNN has a “quick vote” vote now which asks which candidae has the best plan for the economy. John McCain is winning, which is ridiculous. If you want, go to: http://money.cnn.com/
(scroll down to the bottom)
If I wasn’t depressed enough after the last thread about how swimmingly chimpy & co. think things are in Iraq because of the renewed violence… this one has me looking for the tallest building in town with an unfettered roof access…
Bush and Cheney are enjoying their best times ever these days with the media.
While we have troubled economy,and a messy war in Iraq, the media obsession with Pastor Wright story got Bush and Cheney off the hook by ignoring the more important issues.
It will never be a recession! It’s a “downturn,” a “set back,” a “decline,” at worst a “slump” (which is actually a depression, but they didn’t learn that at cheerleader camp or in the boxing ring.
Sadly, this would be a movie no one would really need to go to a theater to view. All anyone needs to do is to look at their credit card statement, go to the supermarket, buy a tank of gas, and view their bank/stock/IRA/Retirement account balances.
lefttown Says:
March 27th, 2008 at 12:17 pm
CNN has a “quick vote” vote now which asks which candidae has the best plan for the economy. John McCain is winning, which is ridiculous.
__________________________________
Not so ridiculous, when you consider that:
1) the percentage of people who go to this site are probably disproportionately Republican (as happens with most financial websites), and
2) most people who believe McCain’s tax cut plan is the wrong way to go on the economy are split between the two Democratic candidates. When you add Hillary’s 30% to Obama’s 31%, that comes up to 61% of the responders favoring a Dem plan to McCain’s 38%.
Of course, I realize that you may have been referring to McCain’s PLAN being ridiculous, not the poll results.
This statement was made 4 days after Black Tuesday and the Stock Market crash which precipitated the Great Depression. Sound like “happy talk?”
“The material prosperity of the United States is too firmly based, in our opinion, for a revival in industrial activity — even if we have to face an immediate recession of some magnitude — to be long delayed.” ["Economist," Nov. 2, 1929]
Read this article about the Great Depression, and see how many parallels there are to what is happening right now.
Invest in gold if you can afford to buy bullion. If not, you can purchase through an ETF (Exchange-traded fund). There are several; I have I-Shares Comex Gold. Also, with the falling dollar and increasing value of the Euro, consider an ETF for Euros. I wouldn’t invest in financials now (banks, etc.) even as their prices fall. They will fall further. Get out of debt as much as you can. Stock up on non-perishables (canned goods, rice, beans, etc.) and staples (flour, sugar, etc.) If you have a yard, plant a garden; if not, plant vegetables in containers. It’s going to get far worse before it gets better.
I can’t wait for the day for the market to crash. Me and my freinds have our lawn chairs ready. We’re going to pull out some beers, throw on the shades and rate the business mens free fall to the ground. Size of splates don’t count. Happy days are here again. Now were all even, everybody has nothing.
From a taxpayer to all who see this. Taxes are a drain on the U.S. economy. We have the highest corporate tax rates in the world. Why would any companies want to make products in America? The more taxes that you and I pay to the government the less money we put into the economy.
Simple fix. Cut taxes. Cut taxes for EVERYONE. Rich to poor. EVERYONE. I am a person that is living paycheck to paycheck and the less money I pay in taxes the more I have to get ahead.
We have three people left in the race for president. None of them has said anything about cutting taxes. All of them will raise taxes and send us toward socialism. Barrack is a racist. Hillary is a liar. And McCain is a right leaning Democrat. They comprise the weakest group of candidates we have ever had in a presidential election.
“The material prosperity of the United States is too firmly based, in our opinion, for a revival in industrial activity — even if we have to face an immediate recession of some magnitude — to be long delayed.” [”Economist,” Nov. 2, 1929]
Read this article about the Great Depression, and see how many parallels there are to what is happening right now. dell 7012p battery,dell latitude cs battery Invest in gold if you can afford to buy bullion. If not, you can purchase through an ETF (Exchange-traded fund). There are several; I have I-Shares Comex Gold. Also, with the falling dollar and increasing value of the Euro, consider an ETF for Euros. I wouldn’t invest in financials now (banks, etc.) even as their prices fall. They will fall further. Get out of debt as much as you can. Stock up on non-perishables (canned goods, rice, beans, etc.) and staples (flour, sugar, etc.) If you have a yard, plant a garden; if not, plant vegetables in containers. It’s going to get far worse before it gets better.
Popcorn, anyone?
March 27th, 2008 at 12:08 pmOnly $49.99, security deposit required…
Hmmmm, I wonder if Fox News will be playing this on Hannity?
Dumb & Dumber, the Presidential twins, coming to a vote near you.
March 27th, 2008 at 12:09 pmHeh – I didn’t realize that the background music came from “Signs” until about halfway through.
March 27th, 2008 at 12:10 pmgood job!
where are the credits? who made it? did it miss that?
March 27th, 2008 at 12:16 pmIt’s going to get bad, real bad, worse than we have seen in many, many years.
And it is all because of a bunch of lies Bushco spewed so that could invade Iraq.
That’s all it took, lies from Bush and Cheney, and the whole country is going to suffer greatly because of them, well, not the top 1%, they will just be able to have more slaves to do their bidding.
March 27th, 2008 at 12:16 pmSweet !!!
March 27th, 2008 at 12:17 pmCNN has a “quick vote” vote now which asks which candidae has the best plan for the economy. John McCain is winning, which is ridiculous. If you want, go to:
March 27th, 2008 at 12:17 pmhttp://money.cnn.com/
(scroll down to the bottom)
If you put WAR and the ECONOMY together you get RECESSION!!!!!!
March 27th, 2008 at 12:18 pmIf I wasn’t depressed enough after the last thread about how swimmingly chimpy & co. think things are in Iraq because of the renewed violence… this one has me looking for the tallest building in town with an unfettered roof access…
March 27th, 2008 at 12:19 pmRECESSIONS AND DEPRESSIONS DON’T AFFECT THE RICH!
It’s just a great opportunity for them to go shopping.
To hell with the rest of us.
March 27th, 2008 at 12:21 pmAnother movie worth watching would be the remake of ‘The 3 Stooges’, starring
John McCON
Joe LIEberman
Lindsay Graham
You can decide which roles they’ll play…
March 27th, 2008 at 12:22 pmBush and Cheney are enjoying their best times ever these days with the media.
March 27th, 2008 at 12:25 pmWhile we have troubled economy,and a messy war in Iraq, the media obsession with Pastor Wright story got Bush and Cheney off the hook by ignoring the more important issues.
It will never be a recession! It’s a “downturn,” a “set back,” a “decline,” at worst a “slump” (which is actually a depression, but they didn’t learn that at cheerleader camp or in the boxing ring.
March 27th, 2008 at 12:30 pmDieNowForPeace at 12:21 pm
RECESSIONS AND DEPRESSIONS DON’T AFFECT THE RICH!
It’s just a great opportunity for them to go shopping.
no doubt accounts for that up tick in home sales now…
“it’s on SALE, dahlingk!”
March 27th, 2008 at 12:32 pmAmerica is heading for the ‘Big D’, & I don’t mean Dallas.
Apologies to Mark Chestnut…
March 27th, 2008 at 12:34 pmSadly, this would be a movie no one would really need to go to a theater to view. All anyone needs to do is to look at their credit card statement, go to the supermarket, buy a tank of gas, and view their bank/stock/IRA/Retirement account balances.
We are living this movie.
March 27th, 2008 at 12:41 pmEh. We’re well on our way back to the Gilded Age.
Long live the Robber Barons!!
/sarc off
March 27th, 2008 at 12:46 pmlefttown Says:
March 27th, 2008 at 12:17 pm
CNN has a “quick vote” vote now which asks which candidae has the best plan for the economy. John McCain is winning, which is ridiculous.
__________________________________
Not so ridiculous, when you consider that:
1) the percentage of people who go to this site are probably disproportionately Republican (as happens with most financial websites), and
2) most people who believe McCain’s tax cut plan is the wrong way to go on the economy are split between the two Democratic candidates. When you add Hillary’s 30% to Obama’s 31%, that comes up to 61% of the responders favoring a Dem plan to McCain’s 38%.
Of course, I realize that you may have been referring to McCain’s PLAN being ridiculous, not the poll results.
March 27th, 2008 at 12:50 pmThis statement was made 4 days after Black Tuesday and the Stock Market crash which precipitated the Great Depression. Sound like “happy talk?”
“The material prosperity of the United States is too firmly based, in our opinion, for a revival in industrial activity — even if we have to face an immediate recession of some magnitude — to be long delayed.” ["Economist," Nov. 2, 1929]
Read this article about the Great Depression, and see how many parallels there are to what is happening right now.
http://en.wikipedia.org/wiki/Great_depression#Debt
Invest in gold if you can afford to buy bullion. If not, you can purchase through an ETF (Exchange-traded fund). There are several; I have I-Shares Comex Gold. Also, with the falling dollar and increasing value of the Euro, consider an ETF for Euros. I wouldn’t invest in financials now (banks, etc.) even as their prices fall. They will fall further. Get out of debt as much as you can. Stock up on non-perishables (canned goods, rice, beans, etc.) and staples (flour, sugar, etc.) If you have a yard, plant a garden; if not, plant vegetables in containers. It’s going to get far worse before it gets better.
March 27th, 2008 at 12:56 pmShrub + McShrub = no clue.
March 27th, 2008 at 6:52 pmI can’t wait for the day for the market to crash. Me and my freinds have our lawn chairs ready. We’re going to pull out some beers, throw on the shades and rate the business mens free fall to the ground. Size of splates don’t count. Happy days are here again. Now were all even, everybody has nothing.
March 28th, 2008 at 1:22 pmFrom a taxpayer to all who see this. Taxes are a drain on the U.S. economy. We have the highest corporate tax rates in the world. Why would any companies want to make products in America? The more taxes that you and I pay to the government the less money we put into the economy.
Simple fix. Cut taxes. Cut taxes for EVERYONE. Rich to poor. EVERYONE. I am a person that is living paycheck to paycheck and the less money I pay in taxes the more I have to get ahead.
We have three people left in the race for president. None of them has said anything about cutting taxes. All of them will raise taxes and send us toward socialism. Barrack is a racist. Hillary is a liar. And McCain is a right leaning Democrat. They comprise the weakest group of candidates we have ever had in a presidential election.
GOD help us.
March 28th, 2008 at 5:27 pm“The material prosperity of the United States is too firmly based, in our opinion, for a revival in industrial activity — even if we have to face an immediate recession of some magnitude — to be long delayed.” [”Economist,” Nov. 2, 1929]
Read this article about the Great Depression, and see how many parallels there are to what is happening right now.
October 15th, 2008 at 5:05 amdell 7012p battery,dell latitude cs battery Invest in gold if you can afford to buy bullion. If not, you can purchase through an ETF (Exchange-traded fund). There are several; I have I-Shares Comex Gold. Also, with the falling dollar and increasing value of the Euro, consider an ETF for Euros. I wouldn’t invest in financials now (banks, etc.) even as their prices fall. They will fall further. Get out of debt as much as you can. Stock up on non-perishables (canned goods, rice, beans, etc.) and staples (flour, sugar, etc.) If you have a yard, plant a garden; if not, plant vegetables in containers. It’s going to get far worse before it gets better.